Forex market - Reasoning
(i) The firm receives dividend amounting to Euro 1,00,000 from its French Associate Company. Spot rates (per Pound) Euro 1.59/1.60 please explain the answer with reasoning.
(i) The firm receives dividend amounting to Euro 1,00,000 from its French Associate Company. Spot rates (per Pound) Euro 1.59/1.60 please explain the answer with reasoning.
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and please can anyone tell me which book to refer for understanding the forex market .
can some one explain the question with reasoning
You do realize you didn't actually post a question in your first post?
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